🚨 BREAKING: U.S. DOLLAR PLUNGES TO 3-YEAR LOW AS TRUMP MULLS EARLY FED CHAIR PICK
According to the Financial Times, the U.S. Dollar Index has dropped to its lowest level since early 2022, as former President Trump considers announcing a new Federal Reserve Chair nominee well before Powell’s term ends in May 2026. 👀
🔎 What’s happening:
🇺🇸 Trump reportedly wants a more dovish Fed — potentially accelerating rate cuts
📉 DXY drops ~0.6% while the euro and pound strengthen
📊 Markets are now pricing in multiple rate cuts by year-end
⚠️ Why this matters:
Undermining Fed independence could rattle global markets
A weaker dollar often pushes risk assets like #Bitcoin and gold higher
Treasury yields are sliding, while equities tick up on dovish hopes
📉 Macro shift in motion — and crypto markets are watching closely. Rate expectations, inflation data, and Fed leadership could soon reshape the entire risk landscape.
